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Taulia Increases Global Presence with Expansion in China and Singapore

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Sally Hardcastle
Senior Researcher, sharedserviceslink
2021/06/03

Taulia has announced the expansion of its global footprint through increasing its presence in China and Singapore. This growing presence in Asia reflects the strategic importance of these two markets to its current client base and the company’s desire to expand their reach to attract new customers. Taulia currently has over 280,000 Asia Pacific-based suppliers on its network, across 35 countries in the region.

This expansion follows a $60 million strategic investment led by the Chinese conglomerate Ping An Insurance Company and the key appointment of Steve Scott as Head of Asia Pacific in 2020.

“Asia sits at the heart of the global supply chain and is a region of strategic importance for many global companies. It is also buzzing with the extraordinary growth of homegrown companies who are looking for greater scale and an increased role on the global stage’” said Cedric Bru, CEO of Taulia, “We initially will be bringing this capability to more businesses across China and Singapore and have plans to continue expansion across Asia. Our existing client base is increasingly investing in the region and will value the support and expertise we can provide to their operations.”

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